PTTEP Africa poised to take over Cove Energy
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PTTEP Africa Investment (PTTEP AI), a subsidiary of PTT Exploration and Production, looks set to succeed in its bid to take over Cove Energy, as the latter's shareholders have offered to sell 448,624,418 shares or 91.37 per cent
PTTEP AI offered to acquires the shares at 240 pence apiece. At this price, the shares are worth about
